Originally Posted by
geebee
TY for the detailed reply,
I subscribed, finally.
Your gravity-market-size-analogy is quite interesting.
I have to think about it.
You point to the tactical situation the FED is in - against an international
background. That is very important IMHO:
The FED is held responsible and criticized predominately on a national level - but has to act in international environment. I think, this is one reason why the FED created new chewing gum metrics for data-dependent acting & reasoning.
regards,
Peter